Technology – Page 27

Big Tech faces financial reckoning if human-level AI doesn’t happen soon

July 5, 2024 by DIGIT

Sequoia Capital says the industry needs to make up about $600 billion in profit before the current expenditure starts to make sense. Go to Source

ChatGPT users on macOS shocked to learn chats were stored unencrypted

July 5, 2024 by DIGIT

The problem has since been resolved, but it begs the question of how such an oversight happened in the first place. Go to Source

Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business

July 4, 2024 by DIGIT

The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products. Go to Source

Softbank lost 99% when the dotcom bubble burst, now it’s all-in on AI

July 3, 2024 by DIGIT

Softbank Group stocks reached an all-time-high on a market capitalization of $97.2 billion. Go to Source

Big Tech produced more carbon since 2019 than all Bitcoin mining ever

July 3, 2024 by DIGIT

U.S. tech firms made huge commitments to “net zero” carbon emissions, but that was before ChatGPT hit the scene. Go to Source

South Korea’s 2nd largest chipmaker to invest $75B in AI through 2028

June 30, 2024 by DIGIT

The investment comes after a March commitment to spend $90 billion on a chip fabrication facility near Seoul. Go to Source

Zambia Working on Establishing an AI Framework, Says Minister

June 30, 2024 by DIGIT

Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony Blair Institute to formulate an artificial intelligence strategy. Sarah Luyele Njamu said Zambia can leverage AI for economic growth, improved healthcare, enhanced education, and sustainable development. Zambia Revising Cyber Security and Crime Law The Zambian government has … Read more